By the looks of it, I’d say he overall market is bearish as of the moment.
I’m looking for trends which will indicate to me further decrease in price.
As you can see in my chart I’m current looking for a double top or a slight pull back before entering into a sell. My entry price is @1733.57 and TP @1678.581
What are your opinion guys ?
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I’m looking to sell XAUUSD. When price touches 1759.860.
I don’t know if you an see but I’m currently in a buy position at the moment as I believe that a pull back will happen leading price to 1759.860, where we will now see reversal happen.
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There’s two things that we could be looking to do here;
Sell, if price comes below 72430
Buy if price goes above 73111
My opinion is that we’re just looking at a slight pull back.
So I’m currently looking to sell.
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